90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
The New ‘Glocal’ Economy

Going “Glocal.” We’ll look at local economies stepping up in an era of globalization.

Worker Jose David, of Revere, Mass., left, trims the sole of a shoe during the assembly process at the New Balance Athletic Shoe, Inc. factory in Boston, Tuesday, May 1, 2012. (AP)

Worker Jose David, of Revere, Mass., left, trims the sole of a shoe during the assembly process at the New Balance Athletic Shoe, Inc. factory in Boston, Tuesday, May 1, 2012. (AP)

For a long, long stretch, globalization has felt like a one-way street. The world was flat, we were told, and American jobs were rolling abroad.

Well, there’s a little more friction in the system these days. Building everything on the far side of China doesn’t always sound like such a great idea. Within the great global arena, more people and companies are thinking local again. That could mean protectionism and shrinkage. It could mean a blossoming of local talent and jobs.

This hour, On Point: look homeward, angel. We’re looking local in the global economy.

- Tom Ashbrook

Guests

Rana Foroohar, assistant managing editor in charge of economics and business for TIME.  Her big piece on “glocalization” is headlined: “The Economy’s New Rules: Go Glocal.”

Zachary Karabell, economist and president of River Twice Research.

From Tom’s Reading List:

TIME “As products roll off the line at Caterpillar’s recently expanded East Peoria, Ill., factory, every one is marked with a flag that designates its final destination. There are a lot of Chinese, Indian and Australian flags. But there are plenty of American ones too, and their numbers are growing.”

New York Times “The dairy farms that once draped the countryside here were paved over so the Japanese carmaker Nissan could build its first American assembly plant. Eighty miles to the south, another green pasture was replaced by a Nissan engine factory, and across Tennessee about 100 Nissan suppliers dot the landscape, making steel in Murfreesboro, air conditioning units in Lewisburg, transmission parts in Portland.”

The Daily Beast “Friday’s jobs report was immediately heralded as a strong rebound from months of weak employment growth. With the jobless rate at 8.3 percent, barely changed from 8.2 percent last month, financial markets, ever fickle and always flighty, staged a relief rally after a week of disappointments that the central banks of the world were not swooping in cavalry-like to the rescue.”

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Oct 22, 2014
Health workers carry the body of a woman suspected of contracting the Ebola virus in Bomi county situated on the outskirts of Monrovia, Liberia, Monday, Oct. 20, 2014. (AP)

We’ll go to Liberia, and hear from a pastor and a physician at the epicenter of the Ebola crisis.

Oct 22, 2014
Authors Nicholas Kristof and wife Sheryl WuDunn attend the premiere of "Meena" at the AMC Loews Theater on Thursday, June 26, 2014 in New York.

Author and New York Times columnist Nicholas Kristof says regular folks like us can change the world. He explains how. Plus: we remember the late, great Washington Post editor, Ben Bradlee.

RECENT
SHOWS
Oct 21, 2014
This undated image provided by Google, shows an early version of Google's prototype self-driving car. For the first time, California's Department of Motor Vehicles knows how many self-driving cars are traveling on the state's public roads. The agency is issuing permits, Tuesday, Sept. 16, 2014 that let three companies test 29 vehicles on highways and in neighborhoods. (AP)

The future of the car: from the fuels they’ll run on, to the materials they’ll be made of, to the computers that may drive them.

 
Oct 21, 2014
David Perdue, Michelle Nunn

Two weeks to go till Midterm Election Day. We’ll look at how the biggest issues are playing out around the country.

On Point Blog
On Point Blog
Introducing The Explicast: A New Podcast From On Point Radio
Friday, Oct 17, 2014

Confused about the news? Don’t worry: so are we sometimes! Introducing a new On Point Radio podcast: The Explicast. You can find Episode One right here.

More »
1 Comment
 
Two LIVE Tracks From Jazz Violinist Regina Carter
Friday, Oct 17, 2014

Regina Carter shares two live tracks — one arrangement, and one original composition — with Tom Ashbrook in the On Point studio.

More »
Comment
 
Our Week In The Web: October 17, 2014
Friday, Oct 17, 2014

We talk Facebook mishaps, whether Katy Perry was actually right and the glory of architectural giants and their iconic windows.

More »
Comment